Online payments giant PayPal have announced their intention to create 150 new jobs at their Blanchardstown Offices, Dublin. PayPal currently employ 1,200 people in its European operations and customer services headquarters in the capital. The new positions in customer service and operations will bolster PayPals European Centre of Excellence which provides all direct customer contact to PayPal customers in Europe. Applicants should speak fluent English and a second European language.

Founded in Palo Alto, California in 1998, the current corporation resulted from the 2002 merger of Confinity and X.com. PayPal was the first dot-com to issue an IPO after the September 11th WTC attacks in 2001 and were acquired by eBay in October 2002 for USD $1.5B having been the choice of payment system for more than half of eBay acutions since the early 00's.

PayPal opened its European Operations Centre in Dublin in 2003 with 25 staff and quickly expanded over the following 6 years to 1,100 employees. In March 2009, following an IDA-supported EUR15M investment, PayPal officially announced their Dublin headquarters as "The European Centre of Excellence". In October 2009, 100 similar positions were announced in their customer services and operations centre. In January of last year 100 new jobs were announced bringing their current total workforce to 1,200. 

Ultan.

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Bank of Ireland have confirmed that they will be replacing Laser cards with Visa Debit Cards. BOI will begin the rollout of 100 million new Visa Debit Cards to all of their customers in the second half of 2011. The introduction of the new cards will provide BOI customers with significantly more options for online purchases and withdrawing cash and making payments worldwide. Laser card is generally not accepted as an online payment method outside of Ireland.

"Visa Debit will allow our customers to complete more transactions electronically given its global acceptance across more than 200 countries", said Quentin Teggin, head of Consumer Segments at Bank of Ireland.

BOI customers will also be able to enroll in the Verified By Visa (3D Secure) scheme, something with was lacking for online laser card transactions. At present there are almost three million Laser cards in circulation in Ireland. The card type accounts for almost 17 million transactions per month.

BOI dropping Laser will be a big loss to Laser and it leaves just AIB, National Irish Bank and EBS as the only Laser issuers in Ireland. Una Dylan, a spokeswoman for Laser, said the decision would mean the company would need to consider its future.

Dave

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